The Nature and Determinants of Disclosure Adequacy: An International Perspective
The functioning of the global economy depends very much on the quality and quantity of information provided by multinational corporations, not only to investors and taxing agencies but also to governmental policymakers. Underlying this is the concept of disclosure adequacy. It refers to ways in which the quality of information that MNC's divulge about their economic transactions can be measured, and such information and its adequacy can vary widely from country to country. How this happens...
Search in google:
Explores the concept of "disclosure adequacy" from an international perspective, and provides the beginnings of a "contingency theory" of it, for the benefit of international finance and investment professionals, governmental policymakers, and academics and their students. Booknews Disclosure adequacy measures the quality of disclosure, which is the coverage of events and transactions in financial statements, and standards for which vary from one country to the next. To facilitate the harmonization of those standards and practices for the global economy, Riahi-Belkaour (accounting, U. of Illinois- Chicago) discusses the international context of such topics as a contingency approach, economic growth, country return and risks, academic and professional influences, human development, political and civil indicators, professional self-regulation, and cultural development. Annotation c. by Book News, Inc., Portland, Or.
ExhibitsPreface1Disclosure Adequacy: A Contingency Approach1App. 1.ACosts and Benefits of Business Information Disclosure60App. 1.BReligious Relativism in Accounting77App. 1.CInformation Needs of Financial Analysts: An International Comparison792Disclosure Adequacy and Economic Growth913Disclosure Adequacy and Relation to Country Return and Risks1054Disclosure Adequacy and Managerial, Academic, and Professional Influences1175Disclosure Adequacy and Human DevelopmentApp. 5.ADisclosure Scoring Sheet140App. 5.BThe Human Development Index143App. 5.CWelfare of the Common Man and Accounting Disclosure Adequacy: An Empirical Investigation1456Disclosure Adequacy and Economic, Political, and Civil Indicators1597Disclosure Adequacy, Professional Self-Regulation, and Cultural Development183App. 7.AReport of the Cultural Studies and Accounting Research Committee of the International Accounting Section, American Accounting Association200Index225
\ BooknewsDisclosure adequacy measures the quality of disclosure, which is the coverage of events and transactions in financial statements, and standards for which vary from one country to the next. To facilitate the harmonization of those standards and practices for the global economy, Riahi-Belkaour accounting, U. of Illinois- Chicago discusses the international context of such topics as a contingency approach, economic growth, country return and risks, academic and professional influences, human development, political and civil indicators, professional self-regulation, and cultural development. Annotation c. by Book News, Inc., Portland, Or.\ \
